Always follow the trend, use stop loss, and don't let emotions guide you.

In practice:

• Trend is your friend: trade in the direction of the dominant trend (e.g., if the market is bullish, avoid shorting).

• Always active stop loss: set a stop loss to limit losses, especially in volatile markets.

• Risk management: do not invest more than 2-3% of your capital on a single trade.

• Emotions under control: do not chase pumps or sell in panic during dumps.